South Perth at a glance
14,424
People
$2,400,000
Median sale
$712/wk
Median rent
1.54%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
WA › South Perth › Manning Tce
$599,000
For sale
Asking
2
Bedrooms
1
Bathrooms
1
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$599,000
Asking
No recorded sale for this property.
South Perth at a glance
14,424
People
$2,400,000
Median sale
$712/wk
Median rent
1.54%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Vs South Perth
-75.0%
Median sale
Suburb $2,400,000
+4.64 pp
Gross yield
Suburb 1.54%
Suburb median $2,400,000 from 39 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$26,393 on top of the price (4.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with South Perth's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $712/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 6.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
South Perth at a glance
14,424
People
$2,400,000
Median sale
$712/wk
Median rent
1.54%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Majestic Central Estate AgentsAn exceptional opportunity to secure your first home, downsizer, or investment property in one of Perth's most sought-after riverside locations.
Would living just moments from the Swan River enhance your lifestyle? Imagine starting your mornings with a walk along the South Perth foreshore, cycling to the vibrant Mends Street precinct for coffee, or enjoying an easy commute to the Perth CBD by ferry, bus, or car. Positioned within a quiet complex of only 12 apartments on a substantial 2,087sqm parcel of land, this beautifully presented first-floor residence offers a rare combination of lifestyle, convenience, privacy and value.
Refreshed and move-in ready, the apartment welcomes you with hard flooring, throughout (no carpet) and windows that fill the home with natural light and frame leafy surrounds, creating a warm and inviting atmosphere. The generous open-plan living, dining and kitchen area flows seamlessly to the outdoor entertaining balcony space, giving the home a spacious feel.
The kitchen serves as the heart of the home and features ample storage, quality stainless steel appliances, a modern electric oven and cooktop - perfect for everyday living and entertaining alike.
Accommodation includes two well-proportioned bedrooms, both with built-in storage and ceiling fans. The master bedroom features built-in robes, while the second bedroom also offers excellent storage and flexibility for guests, a home office, or family living. The modern semi-ensuite bathroom has been tastefully updated with full-height tiling, a glass-framed shower, and a contemporary vanity.
ADDITIONAL FEATURES
· First-floor position with easy access
· Reverse-cycle split-system air conditioning to the living area
· Your own private laundry
· Exclusive-use car bay
· Small and well-maintained complex of only 12 apartments
· Secure, low-maintenance lock-and-leave lifestyle
· Strong appeal for owner-occupiers and investors alike
LIFESTYLE & LOCATION HIGHLIGHTS
Perfectly positioned within walking distance of South Perth's most popular attractions and amenities:
· Perth Zoo – 800m
· Angelo Street shopping and café precinct – 850m
· Royal Perth Golf Club – 850m
· The Windsor Hotel – 850m
· Mends Street dining and entertainment precinct – 850m
· Rambla on Swan – 1km
· Mends Street Jetty – 1km
· Angelo Street Market – 1.2km
· Hensman Park Tennis Club – 1.4km
· Ultimate Water Sports – 1.9km
· Freeway access – 2.2km
· Perth CBD – approximately 7 minutes by car
· The University of Western Australia – 8.4km
Offering the perfect blend of riverside serenity, city convenience and modern comfort, the apartment presents a fantastic opportunity to secure a foothold in one of Perth's most tightly held lifestyle suburbs.
Whether you're looking for your first home, a quality investment, or a low-maintenance downsizer with outdoor space, this is an opportunity not to be missed.
PROPERTY PARTICULARS
Internal Area | 65m²
Balcony Area | 6m²
Exclusive Use Area | Balcony & Carport
Parking | 13m² Single Undercover Carport
Year Built | 1982
2026 – 2027 OUTGOINGS
City of South Perth | $1,961 Per Annum
Water Corporation | $1,013 Per Annum
Strata (Admin) | $900 Per Quarter
Strata (Reserve) | $125 Per Quarter
Property Code: 1186
Listing description written by Joseph Mansour, Majestic Central Estate Agents — reproduced as published, not verified by Districts.